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PTEC Playtech Plc

442.00
0.00 (0.00%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Playtech Plc LSE:PTEC London Ordinary Share IM00B7S9G985 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 442.00 444.00 445.00 448.00 440.50 445.50 540,148 16:35:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 1.71B 105.1M 0.3458 16.69 1.75B

Playtech PLC Director/PDMR Shareholding (8202W)

22/08/2022 4:30pm

UK Regulatory


Playtech (LSE:PTEC)
Historical Stock Chart


From Apr 2022 to Apr 2024

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TIDMPTEC

RNS Number : 8202W

Playtech PLC

22 August 2022

Playtech PLC

('Playtech' or the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

On 19 August 2022, the below awards under the Playtech Long Term Incentive Plan 2022 (the "Plan") were made to certain PDMRs of the Company. As stated in the Annual Report, following shareholder approval of a new LTIP, the Remuneration Committee has approved the grant of LTIP awards this year at 200% of salary for the CEO and 150% for the CFO. The Remuneration Committee confirms it has not and will not issue any form of catch-up LTIP award for 2021 despite no awards being made due to the Company being in a closed period for the majority of last year.

 
 PDMR            No. of shares under award 
 Mor Weizer      351,724 
                -------------------------- 
 Andrew Smith    144,041 
                -------------------------- 
 

The awards are structured as nil cost options over ordinary shares of no par value, and, subject to certain conditions, will ordinarily become exercisable as from 18 August 2025. Once exercisable, an award shall ordinarily remain exercisable as to its vested shares until the eve of the tenth anniversary of the grant date of the awards. The performance conditions to which the awards are subject are total shareholder return versus the FTSE 250 Index, total shareholder return compared to the Company's peer group, and challenging EPS growth targets.

Further details of the awards are set out below.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                              Mor Weizer 
     --------------------------------  --------------------------------------------- 
      Reason for Notification 
  2 
     ------------------------------------------------------------------------------- 
 a)   Position/status                   Chief Executive Officer 
     --------------------------------  --------------------------------------------- 
 b)   Initial notification/Amendment    Initial Announcement 
     --------------------------------  --------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                              Playtech plc 
     --------------------------------  --------------------------------------------- 
 b)   LEI                               21380068TTB6Z9ZEU548 
     --------------------------------  --------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of Playtech plc of 
       instrument, type of instrument    no par value 
       Identification code               IM00B7S9G985 
     --------------------------------  --------------------------------------------- 
 b)   Nature of the transaction         Grant of a nil cost option award under 
                                         the Company's LTIP Scheme. The award 
                                         will ordinarily become exercisable 
                                         as from 18 August 2025, subject to 
                                         continued service and the extent to 
                                         which performance conditions consisting 
                                         of both total shareholder return and 
                                         earnings per share performance are 
                                         satisfied. In the case of total shareholder 
                                         return, performance will be measured 
                                         over the three-year period ending 
                                         on 18 August 2025. In the case of 
                                         earnings per share, performance will 
                                         be measured over the three financial 
                                         years ending on 31 December 2024. 
                                         Once exercisable, the award shall 
                                         ordinarily remain exercisable as to 
                                         its vested shares until the eve of 
                                         the tenth anniversary of the grant 
                                         date of the award. 
     --------------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          Nil         351,724 
                                                     ---------- 
     --------------------------------  --------------------------------------------- 
 d)        Aggregated information       Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     --------------------------------  --------------------------------------------- 
 e)   Date of the transaction           19 August 2022 
     --------------------------------  --------------------------------------------- 
 f)   Place of the transaction          Outside a trading venue 
     --------------------------------  --------------------------------------------- 
 
 
 
 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                              Andrew Smith 
     --------------------------------  --------------------------------------------- 
      Reason for Notification 
  2 
     ------------------------------------------------------------------------------- 
 a)   Position/status                   Chief Financial Officer 
     --------------------------------  --------------------------------------------- 
 b)   Initial notification/Amendment    Initial Announcement 
     --------------------------------  --------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                              Playtech plc 
     --------------------------------  --------------------------------------------- 
 b)   LEI                               21380068TTB6Z9ZEU548 
     --------------------------------  --------------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions have 
       been conducted 
     ------------------------------------------------------------------------------- 
 a)   Description of the financial      Ordinary Shares of Playtech plc of 
       instrument, type of instrument    no par value 
       Identification code               IM00B7S9G985 
     --------------------------------  --------------------------------------------- 
 b)   Nature of the transaction         Grant of a nil cost option award under 
                                         the Company's LTIP Scheme. The award 
                                         will ordinarily become exercisable 
                                         as from 18 August 2025, subject to 
                                         continued service and the extent to 
                                         which performance conditions consisting 
                                         of both total shareholder return and 
                                         earnings per share performance are 
                                         satisfied. In the case of total shareholder 
                                         return, performance will be measured 
                                         over the three-year period ending 
                                         on 18 August 2025. In the case of 
                                         earnings per share, performance will 
                                         be measured over the three financial 
                                         years ending on 31 December 2024. 
                                         Once exercisable, the award shall 
                                         ordinarily remain exercisable as to 
                                         its vested shares until the eve of 
                                         the tenth anniversary of the grant 
                                         date of the award. 
     --------------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          Nil         144,041 
                                                     ---------- 
     --------------------------------  --------------------------------------------- 
 d)        Aggregated information       Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     --------------------------------  --------------------------------------------- 
 e)   Date of the transaction           19 August 2022 
     --------------------------------  --------------------------------------------- 
 f)   Place of the transaction          Outside a trading venue 
     --------------------------------  --------------------------------------------- 
 
 

-S -

For further information please contact:

 
 
 Playtech plc 
  Chris McGinnis, Director of 
  Investor Relations & Strategic 
  Analysis 
 
 Headland (PR adviser to Playtech) 
  +44 (0) 2038054822 
 
  Lucy Legh, Stephen Malthouse 
 

About Playtech

Founded in 1999 and premium listed on the Main Market of the London Stock Exchange, Playtech is a technology leader in the gambling and financial trading industries with over 6,600 employees across 26 countries.

Playtech is the gambling industry's leading technology company delivering business intelligence driven gambling software, services, content and platform technology across the industry's most popular product verticals, including, casino, live casino, sports betting, virtual sports, bingo and poker. It is the pioneer of omni-channel gambling technology through its integrated platform technology, Playtech ONE. Playtech ONE delivers data driven marketing expertise, single wallet functionality, CRM and responsible gambling solutions across one single platform across product verticals and across retail and online.

Playtech partners with and invests in the leading brands in regulated and newly regulated markets to deliver its data driven gambling technology across the retail and online value chain. Playtech provides its technology on a B2B basis to the industry's leading retail and online operators, land-based casino groups and government sponsored entities such as lotteries. Playtech directly owns and operates Snai, the leading sports betting and gaming brand across online and retail in Italy.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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August 22, 2022 11:30 ET (15:30 GMT)

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